blackn1ght@feddit.uk to United Kingdom@feddit.ukEnglish · 2 months ago‘The market is dead’: why aren’t flats in England selling?www.theguardian.comexternal-linkmessage-square34linkfedilinkarrow-up144arrow-down10
arrow-up144arrow-down1external-link‘The market is dead’: why aren’t flats in England selling?www.theguardian.comblackn1ght@feddit.uk to United Kingdom@feddit.ukEnglish · 2 months agomessage-square34linkfedilink
minus-squareRobotToaster@mander.xyzlinkfedilinkEnglisharrow-up20·2 months agoPeople are realising how much of a scam leaseholds are?
minus-squareFarceOfWill@infosec.publinkfedilinkEnglisharrow-up6·2 months agoI think many will be waiting for the planned change to leasehold coming this government.
minus-squareTheEmpireStrikesDak@thelemmy.clublinkfedilinkEnglisharrow-up2·2 months agoI still don’t get how leaseholds could ever be a thing. Isn’t it just “buying isn’t owning”?
minus-squareEcho Dot@feddit.uklinkfedilinkEnglisharrow-up3·2 months agoMy grandparents had a lease hold on their flat and the least hold was for 99 years. I doubt the building will still exist in 99 years so the entire thing is just a stupid concept.
minus-squareHerbGrower@slrpnk.netlinkfedilinkEnglisharrow-up1·2 months agoI often wondered how that works. Makes more sense to rent them than buy them, because you always have to pay some rent amount anyway.
People are realising how much of a scam leaseholds are?
I think many will be waiting for the planned change to leasehold coming this government.
I still don’t get how leaseholds could ever be a thing. Isn’t it just “buying isn’t owning”?
My grandparents had a lease hold on their flat and the least hold was for 99 years. I doubt the building will still exist in 99 years so the entire thing is just a stupid concept.
I often wondered how that works. Makes more sense to rent them than buy them, because you always have to pay some rent amount anyway.